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Dacashe Group LLC Acquires Industrial Property From Medina Baking In Miami For $1.4M

Property Image
SOLD
$1,400,000

Florida

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Industrial5,040 SF
Sold 01/20/2026
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Property Image
SOLD

Dacashe Group LLC Acquires Industrial Property From Medina Baking In Miami For $1.4M

1996 Northwest 22nd Street

See Similar Deals
Industrial5,040 SF
Sold 01/20/2026
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$277
Total Square Footage:5,040 SF
Transaction Type:Sale

Dacashe Group LLC acquired a 5,040-SF industrial flex property at 1996 Northwest 22nd Street in Miami. The purchase price for the asset was $1,400,000, translating to a price per square foot of $278. The property covers 0.16 acres and is zoned D2. The asset was built in 1966.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,400,000
  • Buyer: Dacashe Group LLC
  • Seller: Medina Baking & Powder Products Inc
  • Broker: Annie Trachtenberg - Devtrac Properties
  • Lender: Nexos Invest
  • Loan Amount: $877,500

The transaction was facilitated by broker Annie Trachtenberg representing Devtrac Properties. The deal was financed through a loan provided by Nexos Invest. This transfer highlights the active industrial market in Miami.

Players

Annie Trachtenberg
Devtrac Properties
Annie Trachtenberg
3 deals
BROKER
Nexos Invest
Nexos Invest
LENDER

Details

SOLD
IMAGE: Annie Trachtenberg DATE: 01/20/2026 ADDRESS: 1996 Northwest 22nd Street MARKET: Miami ASSET TYPE: Industrial ~ ACRES: 0.16 BUYER: Dacashe Group LLC SELLER: Medina Baking & Powder Products Inc BROKER: Annie Trachtenberg (@Anniesaysitsok) - Devtrac Properties (@Devtrac.Properties) LENDER: Nexos Invest (@NexosInvest) SALE PRICE: $1,400,000 SF: 5,040 ~ PPSF: $278 NOTE: Dacashe Group LLC acquired a 5,040-SF industrial flex property at 1996 NW 22nd St. in Miami for $1.4M ($277.78 per SF) from Medina Baking & Powder Products Inc.The buyer secured $877,500 in debt from Nexos Invest; the single-story, 1966-built asset sits on 0.16 acres and is zoned D2.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57